Fusion Breakthrough is a Nuclear Nothing Burger
FUSION BREAKTHROUGH IS A NUCLEAR NOTHING BURGER The U.S. Lawrence Livermore National Laboratory kicked off its year-end Go-Fund-Me drive last week announcing a nuclear fusion breakthrough. “The fusion energy breakthrough by US scientists boosts clean power hopes. Net energy gain indicates technology could provide an abundant zero-carbon alternative to fossil fuels.” –Financial Times, December 11, 2022 […]
Gutting Germany — Part 3: Diesel
Gutting Germany — Part 3: Diesel A story of economic suicide in the face of resource depletion Photo by Jennifer Latuperisa-Andresen on Unsplash In the past two installments (here & here) we have seen how the geology driven decline in coal production in Germany has led to an increase in natural gas consumption and black coal imports. Now, that Russian […]
Hunting the Twitter Files
Hunting the Twitter Files Legacy Media Censor Details About Censorship By Nolan Higdon More than two years since Big Tech made the historic decision to limit access to the New York Post’s story about President Joe Biden’s son Hunter, users are getting a glimpse into how Twitter came to that decision. However, delusional legacy and social media outlets […]
More Than Half of Canadians Worried About Putting Food on the Table: Poll
A woman shops for produce in a grocery store in Toronto, Canada, in a file photo. (Nathan Denette/The Canadian Press) More Than Half of Canadians Worried About Putting Food on the Table: Poll A new poll suggests that more than half of Canadians surveyed are worried about having enough money to put food on the […]
No Surprise: Wall Street Wants to Raise the Target Inflation Rate above 2 Percent
No Surprise: Wall Street Wants to Raise the Target Inflation Rate above 2 Percent Price inflation in the United States remains stubbornly high, with October’s print at 7.7 percent. The Fed’s preferred measure, so-called core inflation is only two-tenths of a percent below 40-year highs, at 6.3 percent. Yet, it was just last year that […]
Kremlin Vows To Take Out Patriot Batteries If US Sends To Ukraine
Kremlin Vows To Take Out Patriot Batteries If US Sends To Ukraine Russia has responded Wednesday to the prior day report from Pentagon sources that the Biden administration is finalizing plans to send Patriot anti-air defense missiles to Ukraine, in what will constitute the longest range defense systems transferred from the West to date. “The […]
The Mother of all Economic Crises
The Mother of all Economic Crises Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and […]
OPEC Production Fell In November, But 3 Members Actually Boosted Output
OPEC Production Fell In November, But 3 Members Actually Boosted Output OPEC’s crude oil production fell by an average of 744,000 barrels per day, according to OPEC’s Monthly Oil Market Report released on Tuesday. Saudi Arabia’s November production fell by the most among its members, by 404,000 bpd, to 10.474 million bpd—Saudi Arabia’s lowest monthly […]
US Set To Send Ukraine Patriot Missiles In Huge Escalation
US Set To Send Ukraine Patriot Missiles In Huge Escalation CNN’s chief Pentagon correspondent is reporting the breaking news based on multiple anonymous US defense officials – including a senor Biden administration official – that the White House is currently finalizing plans to send Patriot missile defense systems to Ukraine. “The Biden administration is finalizing plans to […]
First Big Freeze Puts “Heavy Strain” On European Power Grids
First Big Freeze Puts “Heavy Strain” On European Power Grids Europe’s cold blast is due to a weak, polar vortex split in the stratosphere, which allowed high pressure to build across Greenland last week. As a result, Arctic air poured over the energy-stricken continent, sending natural gas and power prices higher. The unseasonably cold weather will […]
The “Barbarous Relic” Helped Enable a World More Civilized than Today’s
The “Barbarous Relic” Helped Enable a World More Civilized than Today’s One of history’s greatest ironies is that gold detractors refer to the metal as the barbarous relic. In fact, the abandonment of gold has put civilization as we know it at risk of extinction. The gold coin standard that had served Western economies so […]
Pentagon Gives Tacit Support for Ukrainian Drone Attacks Deep Inside Russia
Pentagon Gives Tacit Support for Ukrainian Drone Attacks Deep Inside Russia The Times reports that the US no longer has the same concerns about escalations and is likely to send longer-range weapons The Pentagon has given its tacit endorsement of Ukrainian attacks inside Russian territory and no longer fears such operations could lead to a “dramatic” Russian […]
Who Is Purposely Sabotaging Power Plants All Over America?
Who Is Purposely Sabotaging Power Plants All Over America? Someone has been attacking power plants all over the country, and federal authorities are trying to determine who it is. In recent days, we have seen significant sabotage on both the east and west coasts, and so it can’t just be one individual that is responsible. […]
What Does the Fed’s Jerome Powell Have Up His Sleeve?
What Does the Fed’s Jerome Powell Have Up His Sleeve? The Real Goal of Fed Policy: Breaking Inflation, the Middle Class or the Bubble Economy? “There is no sense that inflation is coming down,” said Federal Reserve Chairman Jerome Powell at a November 2 press conference, — this despite eight months of aggressive interest rate hikes and “quantitative […]
